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PETALING JAYA: The resurgence of the coronavirus (Covid-19) infection in Beijing and the drop in oil prices are back as a tag team to batter global markets as they shatter confidence among investors.
KLANG Valley residents are eager to get out and about ever since the government eased restrictions and announced the recovery movement control order (MCO).
KUALA LUMPUR: The decline on Bursa Malaysia, on the heels of a sharp retreat in US markets overnight, was nearly halved by midday as investors held to a key support level.
KUALA LUMPUR: Oil and gas counters on Bursa Malaysia fell in early trade Friday as oil prices extended its slump.
KUALA LUMPUR: Bursa Malaysia picked up the rally where it last left off as investor optismism over the global recovery reached a new fever pitch.
KUALA LUMPUR: Bursa Malaysia failed to hold on to this week’s gains and closed lower, on profit taking in selected heavyweights and consumer counters.
KUALA LUMPUR: The domestic market was seen recovering nearly all its losses despite the profit-taking mood, which helped to reaffirm the bullish sentiment in equities.